21.12.22 Daily [Uttar Pradesh] UPPSC Current Affairs

Land-locked Uttar Pradesh, aiming to become a trillion-dollar economy by 2027, will develop a Network of dry and freight container stations to boost exports. The State Government is planning to develop a modern Logistics ecosystem in PARTNERSHIP with private players.

A dry port is an inland inter-modal port directly linked to a seaport by roads or RAILWAY to facilitate faster movement of export cargo. Under the UP Warehousing and Logistic Policy 2022, the state will fast-track land allotments for logistics parks and offer a string of subsidies and incentives to attract private investments.

The state will support the private sector for the development of storage facilities, cold chains, multi-modal parks, container depots and container freight stations Infrastructure in the state.

The state targets to hike merchandise exports from Rs 1.56 trillion to nearly Rs 3 trillion in three years. The government has said it will also leverage the Varanasi-Haldia inland waterway to catalyse exports.

The state is planning to harness the comparatively cheaper cargo movement from Varanasi via the waterway to seaport in West Bengal to boost shipments of farm and Dairy products apart from micro, small, and medium enterprises (MSME) items.

Under the new UP logistics policy, the state will also develop a network of transport infrastructure, upgrade existing warehousing and logistics infrastructure, pare logistics cost, and promote operational efficiency in logistics.

However, states can add more blocks to the programme later.

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